829 Ne 3rd Street, Ocala, FL 34470
- $399,000
- 4
- BD
- 3
- BA
- 1,676
- SqFt
- List Price
- $399,000
- Status
- Active
- MLS#
- O6430712
- Property Type
- Triplex
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 1,676
- Lot Size
- 4,356
- Region
- Ocala
- Area
- 1676
- County
- Marion
- Acres
- 0.10
- Year Built
- 1938
Property Description
Income-producing LEGAL TRIPLEX in a high-demand rental pocket of Ocala 829 NE 3rd Street is currently producing $3,770 in total monthly rent, offering a compelling blend of immediate cash flow and long-term upside. Positioned just minutes from downtown, the property sits on a spacious, tree-lined lot that consistently attracts tenants seeking both convenience and a quiet residential setting. Each unit features functional layouts, supporting strong rental appeal and tenant retention. A dedicated on-site laundry area adds additional convenience and operational efficiency. With durable interior finishes and broad tenant appeal, the property is well-positioned to minimize turnover and support stable occupancy. For investors, the opportunity lies in rent optimization and continued market appreciation, with potential to increase returns through strategic management and incremental improvements. Whether you're looking for a cash-flowing asset today or a value-add play with upside, this triplex delivers a strong foundation for both income and growth.
Additional Information
- Roof
- Shingle
- Land Type
- No Deed Restriction
- Zoning
- R3
- Lot Size
- 4,356
- Construction
- Frame
- Year Built
- 1938
- Sewer
- Public Sewer
- Heating
- Electric
- Subdivision
- Smith & Daughertys Add/City/O
- Living Area
- 1,676
- Style
- One Story
Listing courtesy of ALPHA EQUITY REALTY & MANAGEMENT INC. 407-789-1002
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